mod0930fe.pdf
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… thesis 3 4 Fixed Income Management 5 6 Empirical Analysis of Financial Markets Writing the Master’s Thesis Completing the master’s thesis Quantitative Techniques for Financial Economics • Econometric techniques for modeling financial time series with empirical applications • Pricing, construction of (derivative) securities and their use by market practitioners (hedging, speculation) ECB and Monetary Policy • What is money and why do we need it? Is money “neutral”? • “Transmission” channels … forward rates etc) • Fixed income portfolio management • Fixed income derivatives, mortgage backed securities, their role in the European sovereign debt crisis Master Thesis • Skills training • In-depth study of financial economics problem • Team up with staff member (supervisor) • Cover 2 of 3 main orientations (monetary economics, finance, quantitative techniques) Specialisations Asset Pricing Institutional Investors • Pension funds, mutual funds, hedge funds • Asset liability management, strategic asset allocation, shareholder activism and responsible investing Empirical Analysis of Financial Markets • Predictability of financial returns with special focus on advances in artificial intelligence and big data. • Do these enable investors to uncover and exploit new data patterns and thus profitable trading strategies? Banking Global Banking • Why do banks exist? • Systemic risk • Fintech …